The Potomac Energy Center deal is Blackstone’s most recent investment in the power infrastructure supporting data centers and the AI revolution, one of the firm’s highest-conviction areas.

The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to ...

Terms of the deal were not disclosed, but Reuters reported the sale price for the Potomac Energy Center at around $1 billion. The seller is Los Angeles-based investment firm Ares Management Corp ...

Likewise, on January 25th, the company announced the acquisition of the Potomac Energy Center. The acquisition of the 774-megawatt natural gas power plant in Virginia positions Blackstone Inc ...

He noted that Potomac Energy Center is ideally positioned to meet the growing power demands from data centers in Northern Virginia. “We are particularly excited about this investment given the ...

has signed an agreement to acquire the Potomac Energy Center, a 774-megawatt (MW) natural gas power plant in Loudoun County, Virginia, to support growing power demand among data centers.